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$ 4,988,000
Est. payment | /mo
0.5 Acres Lot
$ 4,988,000
Est. payment | /mo
0.5 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Stouffville
MLS Listing ID N12816022
Annual Tax Amount $6,625
Tax Year 2025
Lot Size 0.500 Acres
Property Sub-Type Vacant Land
Property Description
Rare land assembly opportunity in the heart of Stouffville. An exceptional offering comprising 4 contiguous lots across 3 property addresses:124 Fairview Ave, 340 Glad Park Ave, and 338 Elm Rd, collectively spanning approximately 120 ft x 267 ft (~0.74 acres). A scale of land that is becoming increasingly difficult-if not impossible-to replicate in this location. The sale includes 3 existing houses, offering immediate holding income while unlocking significant future development potential. This site presents a compelling opportunity for builders, developers, and longterm investors exploring options such as a nursing home or retirement residence, low- to mid-rise apartment building, townhomes, or luxury custom residential homes (subject to municipal approvals).Positioned in a highly convenient and desirable area, surrounded by established neighbourhoods, amenities, transit access, and growing demand driven by Stouffville's continued expansion. The dimensions, frontage, and depth of this land assembly create a rare canvas for thoughtful, value-driven development. Opportunities of this nature-size, configuration,location, and flexibility-are seldom offered to market. This is the kind of property that builders recognize instantly, investors understand deeply,and visionaries act on decisively. Once-in-a-lifetime land value. Long-term upside. Immediate intrigue.Serious inquiries only
Location
Province ON
County York
Area York
Zoning R1
Rooms
Kitchen 0
Exterior
Lot Frontage 120.0
Lot Depth 267.0
Others
ParcelsYN No
Listed by BESPOKE REALTY INC.
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